Eight Yorkshire pubs brought to market after group went into administration

Now Avison Young and Watling Real Estate have launched a widespread marketing campaign of the pub portfolio.

The 25 pubs, including eight in Yorkshire, have remained open following the appointment and have benefitted from a busy trading period over the festive season.

The agents reported a significant level of interest from national, regional and individual operators in response to the widely publicised appointment of administrators.

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Emma Turnbull, associate director at Avison Young’s Newcastle office, said: “This sale offers a rare opportunity for a wide range of purchasers to acquire an established, strong performing pub group in a fairly tight geographic area and with a quality track record. The pubs have been well managed since our client’s appointment and have traded well over the festive period. We anticipate a strong level of demand and expect a busy marketing campaign.”

Peter Constantine, managing director of Avison Young’s Leisure team, said: “We are delighted to be handling this high profile sale on behalf of the administrators. We expect to receive multiple offers from a variety of bidders. We welcome all offers, particularly for the group as a whole, but we will also consider offers for smaller packages or individual sites.”

Alex Sweetman, director at Watling, added: “We look forward to progressing our campaign over the coming weeks and have developed a supporting website and accompanying data room to provide prospective parties with key property and trading information. Please contact either Avison Young or Watling Real Estate for access to the online portal.”

The 25 pubs, which include Courthouse in Barnsley; the White Bear in Barnsley; the New Inn in Wetherby; Porter Cottage in Sheffield; Priory in York; Red Lion in Wakefield; Sun Hotel in Shipley; and Whistle Stop in Beeston, comprise 21 freeholds and four long leaseholds.